Business Hub – cairo
“Hayat karima” helps us shorten the time needed to complete the generalization of the new system
Dr. Mohamed Maait, Minister of Finance, Chairman of the General Authority for Comprehensive Health Insurance, confirmed,The performance indicators of the last fiscal year, It reflects the financial sustainability needed to ensure the success of the desired goals to achieve the dream of all Egyptians in providing comprehensive health care for all members of the Egyptian family. In 10 years instead of 15 years, Despite global economic challenges, As it imposes severe pressures on the state’s general budget, Explaining that the financial position of the General Authority for Comprehensive Health Insurance, Good and motivating to continue our historical path, And that the presidential initiative “Hayat Karima” helps us shorten the time needed to complete the generalization of the new system, as raising the efficiency of infrastructure and health facilities in the developed areas, It encourages us to expand geographically in various governorates, It is scheduled to move over the next few months to the rest of the governorates of the first phase: South Sinai, Aswan and Suez, Then the governorates of the second phase: Qena, The Red Sea, Marsa Matrouh.
43% growth in revenue, 74% increase in investment returns, and a 37% increase in surplus
Minister said, Chairman of the General Authority for Comprehensive Health Insurance, The last fiscal year witnessed a 43% annual growth in revenue, and an increase in investment returns of 74%, The surplus increased by 37%. The investment portfolio has reached nearly 50 billion pounds, and there is a serious and continuous effort through specialized experts; To reach the highest return, We aim to start investing in the stock market to diversify the investment portfolio and maximize the return on the invested funds. Pointing out that the total funds and assets of the General Authority for Comprehensive Health Insurance on June 30, 2022 amounted to 55.6 billion pounds, And that the total revenues since the launch of the new system until June 30, 2022 amounted to 58.5 billion pounds.
Head of “Comprehensive Health Insurance”: We provided medical services to beneficiaries in Port Said and Luxor, with self-financing exceeding 2 billion pounds.
Minister indicated, Chairman of the General Authority for Comprehensive Health Insurance, We have provided self-financed medical services with more than 2 billion pounds to beneficiaries of the comprehensive health insurance system in Port Said and Luxor, And that the state’s public treasury bore about 500 million pounds in contributions for the unable.
The private sector provides 50% of health care services with the completion of the new system
Minister added, Chairman of the General Authority for Comprehensive Health Insurance, That the comprehensive health insurance system provides promising opportunities for medical investment, It allows the private sector to provide medical services, After fulfilling the prescribed conditions, It is expected that with the completion of coverage of all governorates, the private sector will provide 50% of health care services. Under the umbrella of universal health insurance, He explained that the prices approved for contracting are attractive to the private sector. subject to periodic updating, to ensure sustainable justice.
Hossam Sadek, Executive Director of the Comprehensive Health Insurance:Managing the “Universal Health Insurance” with global expertise
Hossam Sadek, Executive Director of Universal Health Insurance, said, The new system is managed according to the latest international standards, With the benefit of distinguished international experience, In order to ensure the sustainability of its ability to fulfill its obligations towards providing comprehensive health care to citizens with high efficiency and quality, Noting that we have an advanced strategy for the safe investment of universal health insurance funds that guarantees maximum return, such as investing in bonds, Treasury bills and deposits.
90% of the citizens in Port Said are registered with the system, and we receive more than 1.5 million cases annually
he added, The rate of citizens’ registration in the comprehensive health insurance in Port Said exceeded 90%. More than 1.5 million cases are received annually; This will contribute to transferring the financial burden of the disease from “citizens’ pockets” to the new system, which covers 3,000 health services, including surgical intervention, oncology, organ transplantation, and others. Pointing to the completion of the implementation of the new system in the governorates of Luxor and Ismailia during the current fiscal year.